If the term integrated payables isn’t familiar to you, you’re not alone. Although the phrase has been around for a few years, it has only recently gained traction in the market. Plus (to make things more confusing) there are actually numerous terms that are commonly used as synonyms including: integrated accounts payable, automated accounts payable, payment hub and paperless AP.

Emerging Trends in AP Automation

by Comdata

11.20.17

If the term integrated payables isn’t familiar to you, you’re not alone. Although the phrase has been around for a few years, it has only recently gained traction in the market. Plus (to make things more confusing) there are actually numerous terms that are commonly used as synonyms including: integrated accounts payable, automated accounts payable, payment hub and paperless AP.

Regardless of the term,the solution is a combination of software and services from a provider that allows organizations to easily make invoice payments – eliminating manual and duplicative processes for whoever is paying the bills. Cutting edge finance leaders have started to embrace integrated payables software to automate accounts payable processes while also converting payables from a liability into an asset. Sound interesting?

Our white paper, “Emerging Trends in AP Automation” dives into what an integrated payables solution is, how it could be beneficial to your organization and topics that should be considered when evaluating a solution provider.